Commercial Distribution Finance and Husqvarna Group Extend Strategic Inventory Finance Program

CHICAGO--()--Commercial Distribution Finance (CDF), a division of GE Capital, announced today that it has extended its strategic inventory finance program with outdoor power equipment manufacturer Husqvarna Group. The program goes to market as Husqvarna Financial Services, which was established in 2005 to provide inventory financing to the thousands of dealers who sell Husqvarna products.

Husqvarna, headquartered in Charlotte, NC, manufactures consumer and commercial lawnmowers, trimmers, brush cutters, chainsaws, snow blowers and ground care equipment. Husqvarna Financial Services is a private-label program set up through CDF, which has a dedicated national account management team servicing the needs of Husqvarna and its distribution network.

“We value the innovative financial programs that CDF offers, and Husqvarna Financial Services gives our dealers the financing and support they need to be successful, “ said Jeff Dewosky, vice president and general manager of Husqvarna North America. “We also appreciate that the CDF team proactively solicits feedback from our dealers and works closely with them to make adjustments when needed.”

“Husqvarna Financial Services is a great example of how we work closely with our customers to create custom programs that meet the needs of both the manufacturer and the dealers,” said Mike Horak, president of the outdoor products group at CDF. “We are pleased to extend the program and will continually strive to provide a best-in-class customer experience for Husqvarna and its dealers.”

About Commercial Distribution Finance

Commercial Distribution Finance (CDF) provided $46 billion in financing for more than 40,000 dealers and more than 2,000 distributors and manufacturers globally in 2014. CDF operates in 60 countries and provides inventory financing solutions, service and intelligence through in-depth industry expertise and commitment. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management, and related financial products. For more information, visit gecdf.com or follow company news via Twitter (GEInventoryFin).

GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

Contacts

GE Capital
Tara Lambropoulos, 312-802-9712
tara.lambropoulos@ge.com

Contacts

GE Capital
Tara Lambropoulos, 312-802-9712
tara.lambropoulos@ge.com